PYPL has a decent volatility component. Selling the January iron condor instead of the December in order to collect additional premium. The maximum loss for a 10 lot is $10,000 minus the credit received. I will be looking to take it off for approximately a $1,500 profit given the opportunity.

BTO PYPL Jan 165 P / STO PYPL Jan 175 P / STO PYPL Jan 220 C / BTO PYPL Jan 230 C for a credit of 3.20.

Share on twitter
Share on whatsapp
Share on email
More posts in
0
Would love your thoughts, please comment.x
()
x